OpenAI Sought Government Loan Guarantees Days Before Sam Altman\’s Denial
OpenAI explicitly requested federal loan guarantees for AI infrastructure in an October 27 letter to the White House—which kindly refused…
Category: Financial
Trump Media posts $54.8m loss amidst major crypto plays
Trump Media’s net loss highlights the high costs of its ambitious expansion, even as it deploys capital into digital assets…
Tether now has an official seat on Juventus’ board, represented by Dr. Francesco Garino
Paolo Arduino, the CEO of Tether, has announced that Tether is now officially represented on the Juventus Football Club S.p.A.…
Coinbase, Block, Robinhood highlight dismal week for crypto stocks
Shares of crypto-focused companies have tumbled this week, capping a bruising stretch for the digital asset sector marked by renewed…
Nvidia (NVDA) loses $500 billion in market cap in a week
Nvidia (NASDAQ: NVDA), the first company to hit a $5 trillion market capitalization, has seen nearly $500 billion erased from…
AMD declines by 12% this week despite beating Q3 estimates
Key Takeaways AMD’s stock fell 12% this week after releasing quarterly earnings. Earnings results were mixed: some metrics beat expectations,…
U.S. Fed\’s Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T
U.S. Federal Reserve Governor Stephan Miran, the newest member of the board of governors after his recent confirmation, pointed a…
Expert: NYSE-Like Oversight Could Prevent Crypto Crashes
A prominent economist is pushing for a major change in how cryptocurrency markets operate, arguing they need rules similar to…
Are CBDCs a Threat to Crypto’s Future?
Story Highlights Over 130 countries are developing CBDCs, raising concerns about their impact on crypto’s future. Experts say CBDCs could…
Sam Altman Served With a Subpoena During a Public Event in San Francisco
OpenAI Chief Executive Officer Sam Altman was served with a subpoena during a live discussion with Golden State Warriors coach…